The following information was extracted from WWW Traders books for 30 June 2020 financial year. WWW requested

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The following information was extracted from WWW Traders books for 30 June 2020 financial year. WWW requested you to assist with missing information. Use the information below to complete the financial statements.

WWW Traders Statement of Comprehensive Income as at 30 June 2020

Sales ? (a)

Less: Cost of goods sold:

Opening Stock 23 500

Add: Purchases ? (b)

Total 208 200

Closing Stock 8 200

Cost of Sale ? (c)

Gross Profit ? (d)

Less: Expenses: ? (e)

Net Profit ? (f)

Additional information:

1. Sales margin - 20%

2. Net profit margin - 4%

Posted Date: Jun 23, 2024 06:06 AM

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The following information was extracted from WWW Traders books for 30 June 2020 financial year. WWW requested

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